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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

Capstone Copper Corp. is a copper mining company. It owns and operates the Pinto Valley copper mine located in Arizona, United States of America, the Cozamin copper-silver mine located in Zacatecas, Mexico, and the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile. It also owns 70% of the Mantoverde copper-gold mine, located in the Atacama region, Chile. In addition, it owns the fully permitted Santo Domingo copper-iron-gold project, located 30 kilometers (km) northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the America. The Pinto Valley Mine is an open-pit, copper mine located in Arizona, United States of America. The Cozamin Mine is a copper-silver underground mine with a surface milling facility, located 3.6 km north-northwest of Zacatecas City, Mexico. The Mantoverde copper-gold mine consists of four pits situated along the Mantoverde fault, each of which contains both sulphide and oxide ores.


TSX:CS - Post by User

Comment by MoneyKon Jan 06, 2021 10:57pm
209 Views
Post# 32239640

RE:what a ride last 3 days

RE:what a ride last 3 daysThis run has been amazing!

Historically, SP at around $3 has faced pretty good resistance.  

If know this stock could move a lot higher if copper continues it's run, but at $3.50 US, a 1.2B valuation would represent 5x the 2021 projected cash flows, which I believe is pretty reasonable.

The stock will probably continue to increase gradually as we move into 2022-2023 and afterwards, Santo Domingo will easily bring this stock to $5-$6 in a low copper price environment and $10+ in high copper price environment, but many things could happen until then.

Trying to look at all angles.  Stay and enjoy the ride or possibly seek for more leverage elsewhere? 

Anyone has any thoughts on this, because it's easy to fall in love with this stock!

MoneyK
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